West Reading, Pa.-based Tower Health has turned down a $706 million offer from StoneBridge Healthcare, a hospital turnaround firm, making this the fourth purchase offer rejected by the system since 2021.
Category: Static
New York governor to curb hospitals suing patients
New York Gov. Kathy Hochul has vowed to protect New Yorkers from medical debt, limit hospitals’ ability to sue patients and expand financial assistance programs as part of her 2024 State of the State.
Harvard president resigns; physician takes helm
Claudine Gay, PhD, has resigned as president of Harvard University amid allegations of antisemitism at the institution and plagiarism in her scholarly work.
Providence hospital exec takes on dual role
Brian Helleland has been selected as chief executive of Providence St. Joseph Hospital Orange (Calif.) and chief executive for the Orange County/High Desert service area, part of Renton, Wash.-based Providence’s recently reorganized California South di…
Michigan system taps chief physician executive
Kalamazoo, Mich.-based Bronson Healthcare has appointed Martinson Arnan, MD, senior vice president and chief physician executive for the health system.
NYC Health + Hospitals to create supplier diversity council
NYC Health + Hospitals’ Danielle DiBari, PharmD, and the system’s supply team are working to establish a Diverse Supplier Council to cement equity throughout the hospital supply chain.
FDA places clinical hold on lung cancer trial after patient death
The death of a study participant has prompted the FDA to place a clinical hold on an Iovance Biotherapeutics trial, the company said Dec. 22.
AI to predict the severity of COVID variants
Artificial intelligence may be able to detect and predict severity of new COVID-19 variants, according to a study published Jan. 2 in PNAS Nexus.
Mammograms are coming to Walmart
Walmart has partnered with RadNet to offer its first pilot mammogram program in a store in Milford, Del.
Michael Dowling: The most pressing question to start the year
The new year is always an ideal time for healthcare leaders to reflect on the state of our industry and their own organizations, as well as the challenges and opportunities ahead. As the CEO of a large health system, I always like to reflect on one bas…
